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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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>> No.18576311

DO OIL COMPANIES GIVE ME 40 DOLLARS EXTRA IF I BUY THEIR OIL?

>> No.18576315
File: 786 KB, 760x870, 1586376981260.gif [View same] [iqdb] [saucenao] [google]
18576315

I don't think this is funny anymore

>> No.18576317
File: 87 KB, 1579x847, 1587407347625.png [View same] [iqdb] [saucenao] [google]
18576317

>> No.18576321

>>18576311
bruh

>> No.18576323
File: 93 KB, 664x690, 1583787125329.jpg [View same] [iqdb] [saucenao] [google]
18576323

AHHHHHHHHHHHHHHHHHHHH

>> No.18576324

HOW CAN I GET IN ON THIS AND BECOME A MILLIONARE?

>> No.18576337

>>18576311
ITS 53 DOLLARS NOW BUCKAROO

>> No.18576341

"The headline number that everyone is freaking out over is the front month contract. Right now that's the May contract. Trading in this contract will end tomorrow, April 21, and delivery of physical crude will be in May.

In the normal course of events traders holding this contract about now would be selling it to someone will to take physical delivery and then roll the income from that sale into a later contract.

RIght now, however, no one wants to (or is able to) take physical delivery. Storage is near full. So no one want this contract, hence the crash in pricing.

On Wednesday the headlines will report a 50% jump in crude prices because the headlines always refer to the front month price. And on Wednesday the front month contract will be the June contract.

As for USO, they try to hold the front month contract, but they don't hold it to the very end. This month, USO started to roll to the June contract on 7-April and were done by 13-Apr. So they missed this crash.

Also, note that because USO has gotten so big they are no able to hold all their assets in the front month contract. It would violate exchange rules. Going forward USO will hold only 80% in the front month and 20 % in the next month."

>> No.18576349
File: 12 KB, 183x275, images.jpg [View same] [iqdb] [saucenao] [google]
18576349

OIL

>> No.18576353

>>18576254
Why are stocks not free falling?

>> No.18576358

>>18576311
Yeah if you go to the gas station right now they just give you a full tank and $58 for free I already tried it

>> No.18576362

>>18576324

Buy JCP

>> No.18576371

There is no way, NO WAY, this event is isolated and won't have repercussions.

>> No.18576374

i can't believe bitcoin outlive oil WHAT THE FUCK.

>> No.18576376

>literally negative oil prices
>HAL -2.0% :(

>> No.18576378

Nice thread retards, this is all normal.

In fact I would say this is bullish and priced in if anything.

>> No.18576379
File: 53 KB, 444x337, 2.jpg [View same] [iqdb] [saucenao] [google]
18576379

This is going to be the depression in history

>> No.18576383

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

PLEASE GOD WHY WHY WHY FUCK

MEEEEEEEEEEEEEEEEEEEEEEEEE

>> No.18576384

Okay how does -36 even make sense

>> No.18576387
File: 117 KB, 740x920, 1583728792187.jpg [View same] [iqdb] [saucenao] [google]
18576387

>buy oil
>get paid 40 bucks
>dump the oil in the ocean
>repeat

>> No.18576385
File: 10 KB, 249x240, partyrockers.jpg [View same] [iqdb] [saucenao] [google]
18576385

getting som 2017 vibes here bros

>> No.18576388

How long before people start dumping the oil they have into rivers and get paid to replace it?

>> No.18576395

So are tanker/storage companies still even viable at this point?? Would these oil companies have already tried to sell/ship/store prior to this happening?? Are tankers and storage already full? AHHHHHHHHHH

>> No.18576397

>>18576324
it's not open to buy for normies

>> No.18576404

OH SHIT, MARKET STRUCTURE ISSUES CAUSED THIS.

FLASH CRASH

>> No.18576402

Is there video footage anywhere?

>> No.18576409

>>18576324
Just buy barrels of oil. Literally infinite money, I’m up 3 billion dollars today from that one simple trick

>> No.18576414
File: 767 KB, 850x1200, 74731461_p0.png [View same] [iqdb] [saucenao] [google]
18576414

So, what prevents US for getting paid to get the delivery, and fly off to some other country with the money?

>> No.18576420

BUY NOW BUY NOW GO GO GO

>> No.18576424

START INVESTING IN FUCKING WEAPONS AND AMMUNITON, ITS LITERALLY OVER
>START INVESTING IN FUCKING WEAPONS AND AMMUNITON, ITS LITERALLY OVER
START INVESTING IN FUCKING WEAPONS AND AMMUNITON, ITS LITERALLY OVER

>> No.18576428
File: 14 KB, 275x321, 1491070683108.jpg [View same] [iqdb] [saucenao] [google]
18576428

Possible we will see XOM go below $40 or is this priced in?

>> No.18576429
File: 42 KB, 606x315, oillol.jpg [View same] [iqdb] [saucenao] [google]
18576429

>> No.18576434

>>18576420
Buy what, you nigger?
Nothing but the price of crude oil is down.

>> No.18576435
File: 237 KB, 1710x822, IT KEEPS TUMBLING DOWN.jpg [View same] [iqdb] [saucenao] [google]
18576435

>I DON'T KNOW. SOMETHINGS BROKEN. THIS IS ACTUALLY NOT POSSIBLE!

>> No.18576437

>>18576387
FUCK BASED

HAHAHAHHAHAHHA

IVE LOST SO MUCH MONEY HELP ME

>> No.18576442
File: 28 KB, 310x310, 1310384638558.jpg [View same] [iqdb] [saucenao] [google]
18576442

>go to the gas pump
>gas station literally pays me to put gas in car

ITS LITERALLY FREE MONEY

>> No.18576443

How the fuck is this gonna bounce without a war?

>> No.18576450
File: 48 KB, 631x377, Clipboard01.jpg [View same] [iqdb] [saucenao] [google]
18576450

>THIS IS ACTUALLY NOT POSSIBLE

>> No.18576453

>>18576428
BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

>> No.18576460
File: 1.29 MB, 1207x699, concern.png [View same] [iqdb] [saucenao] [google]
18576460

>> No.18576461
File: 50 KB, 1024x397, bought the dip.jpg [View same] [iqdb] [saucenao] [google]
18576461

>Yes of course I loaded up on oil tanker calls

>> No.18576470

lol CME is going to fix this issue so it never happens again better take advantage of it now

>> No.18576482

market broke

>> No.18576486
File: 39 KB, 600x557, lel.jpg [View same] [iqdb] [saucenao] [google]
18576486

>Just walk into a refinery and ask them to give you all of their oil for 50 million dollars.
>Tfw they'll happily take this deal and thank you for doing this.

>> No.18576487

Buy oil everyone let's pump it back to zero so we can sell for a huge profit

>> No.18576488

did america just die? is china now the super power?

>> No.18576489

>>18576424
>not already having guns and ammo stored up
ngmi

>> No.18576495

>the actual level of cope and delusion
Oh Nononononono.

>> No.18576500

>blame it on the programs

>> No.18576507

>>18576488
China was always the super power whiteboy

>> No.18576509

The house of cards, is falling down.

>> No.18576519
File: 10 KB, 171x176, 1569513811818.jpg [View same] [iqdb] [saucenao] [google]
18576519

June contract about to go below $20

>> No.18576525

LMT 420c 4/24
DAL 23p 4/24
Earnings plays so far, found some good entry points. Any others I should consider?

>> No.18576533
File: 261 KB, 1776x831, I will never scam zoomers again god oh please.jpg [View same] [iqdb] [saucenao] [google]
18576533

>> No.18576539

Looks like a hedge fund or leveraged ETF just failed. And dumped all their oil

>> No.18576542

I used to have no money and no oil. Now I have all money and all oil

>> No.18576549
File: 43 KB, 750x555, ETM7LN5WkAAVQGP.jpg [View same] [iqdb] [saucenao] [google]
18576549

WE SHOULD HAVE LISTENED
HOW COULD WE HAVE BEEN SO BLIND
NOW WE GET WHAT WE DESERVE

>> No.18576550
File: 1.70 MB, 455x455, 1547104964100.gif [View same] [iqdb] [saucenao] [google]
18576550

WHAT DO I BUY WHAT DO I BUY

>> No.18576553

Trump suicide soon.

>> No.18576558

Brian Sullivan: no BS here
Kelly Evans: Just BS reporting to us

kek

>> No.18576562
File: 87 KB, 1590x850, file.png [View same] [iqdb] [saucenao] [google]
18576562

Uh guys, you brought oil goes at -40 and sold right now at -28, did you actually make any money?

>> No.18576563

>>18576435
OH NO NO NO NO NO...LOOK AT THIS DUDEEEEE...HAHAHAHAHAH

>> No.18576575

>>18576443
Why would war help this? As I understand the US goes to war to get oil, what are they going to do just dump their oil into some third world shithole? I would think this would just result in an expansion of storage and oil based manufacturing companies.

>> No.18576578

>>18576550
sco puts

>> No.18576580

>>18576550
GUNS

>> No.18576585
File: 184 KB, 960x1200, decker19.jpg [View same] [iqdb] [saucenao] [google]
18576585

IS SPY STILL GONNA PUMP DURING POWER HOUR???

>> No.18576583

>>18576353
Because the middle east gets fucked by this not the west

>> No.18576590
File: 221 KB, 1781x646, ENOUGH.jpg [View same] [iqdb] [saucenao] [google]
18576590

You can feel the rage in this guy

>> No.18576598

Proof that many of these futures traders shouldnt be there to begin with. It's how the big companies pump prices by using retail investors and when they need an escape they dump it on retail.

>> No.18576606

HELP

HELP

HELP

JEROME

JESUS

SOMEBODY HELP

>> No.18576607

>>18576539
CME will never let this happen again. They are investigating the issue

>> No.18576614

>>18576371
We're going to war, anon.

>> No.18576615

WHERE IS THE LINK

>> No.18576626

LET THE BARRELS HIT THE FLOOR

>> No.18576627

>>18576562
Yes, you got paid $40 per barrel, and you paid $28 to sell it off, you made $12 per barrel.

>> No.18576631
File: 42 KB, 680x340, dead.jpg [View same] [iqdb] [saucenao] [google]
18576631

>> No.18576632

>>18576341
Way too well thought out a post for this place.

>> No.18576634
File: 135 KB, 1062x600, c87954eca97584354ad1f62bdd984263.jpg [View same] [iqdb] [saucenao] [google]
18576634

>>18576533
SYNCHRONIZATION RATE -400%
WE WILL TURN INTO TANG SOON

>> No.18576653

>>18576590
I dont get why these news casters get buttblasted. Iirc they arent allowed to trade so why do they care if it goes up or down?

>> No.18576662
File: 77 KB, 367x513, 15866182596200.jpg [View same] [iqdb] [saucenao] [google]
18576662

Пиндocы cocyт ХУИ!

>> No.18576663
File: 207 KB, 480x356, oil.png [View same] [iqdb] [saucenao] [google]
18576663

>> No.18576666

>>18576631
based

>> No.18576668

HOW I SHORT AMERICA?
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.18576671

oil is ogre frens

>> No.18576672

>>18576585
There was a few days without a power hour pump. I would not count on the pumps on any day but Friday or after a big dip.

>> No.18576678
File: 28 KB, 680x709, 1587092758642.jpg [View same] [iqdb] [saucenao] [google]
18576678

>>18576614
War somewhere is a given.
Buy ITA XAR

>> No.18576681
File: 307 KB, 1080x2220, Screenshot_20200420-133947_Robinhood.jpg [View same] [iqdb] [saucenao] [google]
18576681

>> No.18576682

The oil is actually Trump's fault. Live sudoku soon.

>> No.18576685

>>18576663
nice

>> No.18576684
File: 37 KB, 854x274, 2020-04-20_11-39-20.jpg [View same] [iqdb] [saucenao] [google]
18576684

kek

>> No.18576688

>>18576666
Based on what, Satan?

>> No.18576691

>>18576590
Boomers are in a total disbelief.
Imagine their faces as this continues and fucks up the June contract.
It's actual suicide time at that point.

>>18576663
Kek

>> No.18576699

>>18576434
GO GO GO

>> No.18576700

>>18576488
America can just infinitely pump, China lost their chance to take the top spot

>> No.18576706

BOOMER KINO
https://watchnewslive.tv/watch-cnbc-live-stream-free-24-7/
BOOMER KINO
https://watchnewslive.tv/watch-cnbc-live-stream-free-24-7/
BOOMER KINO
https://watchnewslive.tv/watch-cnbc-live-stream-free-24-7/
BOOMER KINO
https://watchnewslive.tv/watch-cnbc-live-stream-free-24-7/

>> No.18576709
File: 298 KB, 475x251, file.png [View same] [iqdb] [saucenao] [google]
18576709

JUST WALK AWAY
TAKE THE OIL, AND WALK AWAY

>> No.18576713

WHERE IS THE LINK.

>> No.18576717

WHAT DO I BUY

>> No.18576723
File: 17 KB, 669x295, Unbenannt2.png [View same] [iqdb] [saucenao] [google]
18576723

oh no no no

>> No.18576725
File: 149 KB, 1779x590, Broken market.jpg [View same] [iqdb] [saucenao] [google]
18576725

>When suicide doesn't seem so bad.

>> No.18576726

>>18576653
There are obviously loop holes where someone else invests their money for them.

>> No.18576740

>>18576254
killswitch triggered
>killswitch triggered
killswitch triggered
>killswitch triggered
killswitch triggered
>killswitch triggered
killswitch triggered
>killswitch triggered
killswitch triggered
>killswitch triggered
killswitch triggered
>killswitch triggered
killswitch triggered
>killswitch triggered
killswitch triggered
>killswitch triggered
killswitch triggered
>killswitch triggered
killswitch triggered
>killswitch triggered
killswitch triggered
>killswitch triggered

>> No.18576745

>>18576607
This is a 1987 moment

>> No.18576746
File: 19 KB, 379x205, 1584635803055.png [View same] [iqdb] [saucenao] [google]
18576746

>"What's happening?"
>no one has answers
>no one is even making up shit that sounds right

>> No.18576750

>retard tier
all oil is free
>midwit tier
you retards don't understand rollover its a nothingburger
>big brain tier
june contracts are also doomping you retards

>> No.18576753

TRUMP SUICIDE LIVE ON TV TODAY, SCREENCAP THIS

>> No.18576774
File: 963 KB, 1125x1662, 001BDF21-98F2-4F79-A898-5B22BCAC8965.jpg [View same] [iqdb] [saucenao] [google]
18576774

FUCK I BLEW IT
THIS IS NOW WHEN I SHOULDVE GONE SRTY IS IT?!?!

>>18576558
?

Also these are the worst anchors
Tyler and Kelly are garbage, only other worst one is John fort.

>> No.18576777
File: 148 KB, 350x350, 1580930863512.gif [View same] [iqdb] [saucenao] [google]
18576777

Mom is kicking me out of the house She wants 500$ a month in rent and I have 1,000,000 barrels of cruide oil and negative 220$ in my checking account. I showed the dumb bitch where Cruide Oil's price is right now and she knew where it was before. She's at her wits end with me and I told her to just give it 3 more months, but she isnt having it. She took away my XBOX too and I'm in South Dakota where there is nothing else to do but play Halo 3. Should I pay here 890.000.000 barrels of cruide oil instead? Shes telling me to go work in an oil field but I dont want to be killed when we are so close to the bottom. Any South Dakota OilChads I can stay with for the summer? I'll give you 10.000 barrels a month. Or should I just hit the fat bitch over the head with a frying pan?

>> No.18576781

So, does this trigger another ¨big dip in stocks?

>> No.18576788

PUMP IT BACK IN MOTHERFUCKERS

>> No.18576789
File: 77 KB, 1198x559, wo.jpg [View same] [iqdb] [saucenao] [google]
18576789

who will be hurt most?

>> No.18576790

>45 minutes until we witness the most legendary pump in our lifetimes
strap in lads. we're going for a wild ride

>> No.18576793
File: 211 KB, 327x316, golden1.png [View same] [iqdb] [saucenao] [google]
18576793

>>18576709

>> No.18576795

>>18576746
Supply too high, nowhere to store it, no one wants to buy the May contracts to exercise them so they're worthless.

>> No.18576803

>>18576725
that dude 100% posts here

>> No.18576806

so oil is negative or just futures?

>> No.18576814
File: 105 KB, 219x205, yxyvxcu.png [View same] [iqdb] [saucenao] [google]
18576814

Meat stock

>> No.18576818

>>18576753
Why would he. His stock market babies are looking bullish as fuck.

>> No.18576821

>>18576614
>he thinks the majority under 30 are willing to fight for the u.s. government and corporations

>> No.18576822

>>18576750
they literally arent though

>> No.18576824
File: 17 KB, 497x253, Based.jpg [View same] [iqdb] [saucenao] [google]
18576824

fresh meme

>> No.18576831

>>18576806
Both

>> No.18576840

>>18576254
I love how all of these experts have absolutely no answers for this.

>> No.18576849

>>18576746
Don't you watch CNBC anon? The market broke, something is broken, it doesn't make sense. I don't know how to explain it any clearer

>> No.18576852

OIL IS A CRYPTO CURRENCY

>> No.18576856

>>18576691
>this continues and fucks up the June contract.
I don't see why It wouldn't. how long can oil companies maintain solvency? Even if all the jewish governors and trump stopped restricting everything the amount of oil vs demand is going to put companies out of business or at least it should without continuous bail outs and even with bail outs tons of people will be losing their ass.

>> No.18576859

>>18576822
>-20% is no big deal

>> No.18576873

How much more will BA tank? Might try to pick up some cheapies.

>> No.18576870

>>18576803
When he said that the metal in the barrel is worth more than the oil because we can all crawl inside and go over Niagra Falls I suspected he lurks here

>> No.18576879
File: 166 KB, 1401x1011, 1557635462158.jpg [View same] [iqdb] [saucenao] [google]
18576879

>>18576709

>> No.18576884

Panic bought $4k worth of tankers. Got FRO, DHT, NAT, TK.
r8, h8, masterb8

>> No.18576891

>>18576795
but all the experts are saying "I don't know, I have to make some phone calls"

>> No.18576894

>buy a million barrels of oil
>just leave em there, don't pick em up and make it someone else's problem
>become millionaire instantly

>> No.18576896
File: 134 KB, 451x926, 69789232kek.jpg [View same] [iqdb] [saucenao] [google]
18576896

what a time for trade futures

>> No.18576913
File: 201 KB, 857x1134, Konstantin_Savitskiy_Inok_1897.jpg [View same] [iqdb] [saucenao] [google]
18576913

I literally went all in this morning. I'm not even mad.

>> No.18576914

hello boomer stock gen. what stock to buy with oil crashing?

>> No.18576916

>>18576795
>no one wants to buy the May contracts to exercise them so they're worthless
but what about the people that literally bought?

>> No.18576923

>>18576806
all oil is negative but WTI may futures are the apocalyptic collapse tier ones

>> No.18576935

>>18576789
USO price is reflecting the June and July contracts. They already unloaded their May contracts last week

>> No.18576937

WHAT THE FUCK DO I BUY BEFORE THEY PUMP

>> No.18576943

>>18576777
When oil is negative, just buy another billion barrels and they'll pay you to take it. Then have it delivered to Florida where it can be dumped into the Gulf of Mexico to feed the fishies.

>> No.18576952
File: 24 KB, 520x500, 1587271596073.jpg [View same] [iqdb] [saucenao] [google]
18576952

What does this mean for stocks?
Should I just sell everything, hold cash, and hide under my bed?

>> No.18576953
File: 1.17 MB, 1204x1348, 1587408099308.png [View same] [iqdb] [saucenao] [google]
18576953

IT TURNS YOU INTO A NIGGER

>> No.18576975
File: 11 KB, 640x794, 1587404725575.png [View same] [iqdb] [saucenao] [google]
18576975

>>18576840
>"experts"

>> No.18577003

I wonder what the algos are thinking right now

>> No.18577005

>>18576402
http://www.freeintertv.com/view/id-2566

>> No.18577006

>>18576953
kek

>> No.18577008

>>18576953
fucking lmao

>> No.18577020

>>18576914
Just buy oil

>> No.18577035

>>18576590
Dude USO looks hella fuckin sweet rn bros, all it has to do is go over 20 next month and we will be rolling around in pure money

If you want to reply with contango don't even at me bitch I am deep in the hopium

>> No.18577036

>>18576953
zombie apocalypse next

>> No.18577037

this nigga bought oil

>> No.18577053

CME IS INVESTIGATING POSSIBLE MANIPULATION
>CME IS INVESTIGATING POSSIBLE MANIPULATION
CME IS INVESTIGATING POSSIBLE MANIPULATION
>CME IS INVESTIGATING POSSIBLE MANIPULATION

>> No.18577074

>>18576953
BLACKED

>> No.18577073

Is gas gonna go up or down?

>> No.18577082
File: 136 KB, 644x632, 1530991366410.jpg [View same] [iqdb] [saucenao] [google]
18577082

>>18577003

>> No.18577083

>>18576486
Have fun being on the hook for transporting and storing millions of barrels of oil.

>> No.18577098

>>18575278
That make any long term investment in oil ETF difficult.
>>18575012
>current oil indexes
You know what you're talking about?
>>18576237
It won't
>>18574694
ETFs doesn't work this way

>> No.18577102

>>18576953
>just let me die

>> No.18577108

>>18576896
>when she deepthroat so hard you can see your dick come out the other side

>> No.18577121

>>18577053
LMAO THE FUCKING COPE

>> No.18577128

>>18577035
hey bud, i know it feels good to think that, but please research how USO works. oil needs to be at about $30 for USO to even get up to $5. or something like that, I don't remember because i found it very disheartening when I looked into it.
have a nice day.

>> No.18577129

>>18576953
source

>> No.18577132

>>18576953
Oh God please no

>> No.18577137 [DELETED] 
File: 220 KB, 727x412, OIL.jpg [View same] [iqdb] [saucenao] [google]
18577137

CNBC BOOMERS SEETHING

>> No.18577145

>>18577035
Is this a shitpost?

>> No.18577167

>>18577035
No, USO is now correlating with June future contract, which is still over 20 right now

>> No.18577173
File: 49 KB, 992x558, Praljak-2-gty-er-171129_16x9_992.jpg [View same] [iqdb] [saucenao] [google]
18577173

I WORK AT AN OIL COMPANY
WE ALREADY LAID OFF 30% LAST WEEK

>> No.18577186

>Shorted oil earlier today
>Made 50% gains
>Then it hit negative and i lost 150%
FUCK THIS BULLSHIT

>> No.18577191

>>18577053
son of a bitch give me a sauce

>> No.18577192
File: 70 KB, 523x600, 1585371140216.jpg [View same] [iqdb] [saucenao] [google]
18577192

JUST PUT $1K INTO GLOG

>> No.18577207

>>18576913
How much in losses fren?

>> No.18577210

>oilkeks

>> No.18577219

>>18577137
KEK
E
K

>> No.18577221

>>18577035
>Lockdown continues with now sign of stopping
>Demand is so low right now they can’t even give it away
>Dude it will recover trust me my dad works for Nintendo

Okay bud

>> No.18577222

>>18576856
> how long can oil companies maintain solvency?
Not long.
The only reason US shale has been alive has been somewhat tolerable oil price and debt.
Even at $40 the prices aren't exactly good for the US, but now the prices are completely fucked. This is going to take out every single US oil company except for the giants that are going to get saved by the government.
Everyone else can start looking for a new job right away.

>> No.18577225

>>18576894
>don't pick em up and make it someone else's problem
you have to actually pick them up

>> No.18577229

>>18577129
source

>> No.18577230
File: 171 KB, 894x853, Screenshot_20200420-144951_YouTube.jpg [View same] [iqdb] [saucenao] [google]
18577230

>>18576953
https://youtu.be/cv3H2nYdqTU

>> No.18577232

>>18577173
just wait til they have negative employment.

dont ask me how it works.

>> No.18577260

>negative 37
Lmao

>> No.18577264

>>18577128
>>18577145
>>18577167

FUCK YOU GUYS WERE GOING TO 40 THEN

>> No.18577286

DO I SELL OR HODL WHAT I HAVE IM STARTING TO GET WORRIED

>> No.18577289

>>18577221
1/5 of the world is already reopening

>> No.18577293

Is gas gonna go up or down?.

>> No.18577299

>>18577137
>pic
that's exactly that, holy shit

>> No.18577302

>>18577173
HOW CAN I SHORT OIL LABORERS?

>> No.18577304
File: 146 KB, 1381x639, Corona.jpg [View same] [iqdb] [saucenao] [google]
18577304

>Corona lockdown
Everything is opposite day today

>> No.18577308
File: 1.01 MB, 640x1136, 1563221344622.webm [View same] [iqdb] [saucenao] [google]
18577308

WHAT THE FUCK DO I EVEN BUY AHHHHHHHHHHHHHHHHHHH HOW DO I MAKE MONEY OF THESE BOOMERS
AHHHHHHHHHHHHHHH I WANNA FUCK SEX SEX SEX

>> No.18577315
File: 480 KB, 862x569, 1584392127467.png [View same] [iqdb] [saucenao] [google]
18577315

NEGATIVE INTEREST RATES WHEN?????

>> No.18577317

>>18576953
This explains why the statistics show it killing blacks disproportionately

>> No.18577336

>>18577191
Early reports indicate they are going to do something so commodities can't trade negative.

>> No.18577337
File: 72 KB, 574x700, EMjdJ7DXkAEdALT.jpg [View same] [iqdb] [saucenao] [google]
18577337

>>18577232
>unemployment reaches -105%

>> No.18577340

>>18577005
Thanks, but I was thinking about the trade floor.
I hope it will hit YouTube.

>> No.18577343

how the fuck can this possibly be. 20 cents a barrel.

>> No.18577345
File: 185 KB, 435x338, blumpf.png [View same] [iqdb] [saucenao] [google]
18577345

>*ring ring*
Jerome
>*ring ring*
JEROME
>*ring ring*
JEROME PICK UP THE PHONE
>*ring ring*
JEROME EVERY CEO IN THE SHALE INDUSTRY HAS JUST COMMITTED SUICIDE JUST PUMP THE GOD DAMN OIL I DONT CARE HOW YOU CANT DO IT, YOU HAVE TO PUMP IT
>*ring ring*
GOD DAMN IT JEROME PICK IT UP THE OIL INDUSTRY IS CRASHING
>*ring ring*
ANSWER ME YOU FED KIKE WORTHLESS FUCK I JUST BEGGED TO POOTIN AND SANDNIGGER PRINCE TO CAP OIL PRODUCTION AND IT'S STILL DUMPING!
>*ring ring*
JEROME PLEASE PICK UP THE PHONE I NEED MORE POOMPS, FORCE YOUR WORKERS CHILDREN TO POOMP IT NOW
>*ring ring*
PLEASE DONT KILL YOURSELF JEROME, I'LL GIVE YOU IVANKA AND WILL SUCK ISRAEL OFF MORE I JUST NEED MY LOW BLACK UNEMPLOYMENT
>*ring ring*
JEROME!
>*ring ring*
JEROOOOOOOOOOOOOOOOOOOMMMMMMMMMMMMEEEEEEEEEEEEEEEEE

>> No.18577360
File: 68 KB, 537x600, 1566267513178.jpg [View same] [iqdb] [saucenao] [google]
18577360

>>>/pol/254316660

>> No.18577363

We are gonna fucking crash this week bros

>> No.18577364
File: 185 KB, 600x979, 1585987936205.png [View same] [iqdb] [saucenao] [google]
18577364

Remember when JPMorgan, or was it Goldman, talked about negative oil prices and we laughed it off? Well, they were right. And they also predicted much worse when it comes to the stocks market.

>> No.18577365
File: 63 KB, 1520x1026, oilvolatility.png [View same] [iqdb] [saucenao] [google]
18577365

>open oil volatilty index
>zoom out
just

>> No.18577371
File: 319 KB, 1536x2048, coom8.jpg [View same] [iqdb] [saucenao] [google]
18577371

REEEEEEEE I HAVE 10 $284 SPY CALLS EXPIRING TODAY FUCK FUCK FUCK

>> No.18577385

>>18577340
this is as close as it gets to live price watch.

>> No.18577391

>sold my oil stocks two weeks ago
>just bought back in KOS and XOM

Did I just make the biggest mistake of my life?

>> No.18577400
File: 59 KB, 450x418, 1586887254470.jpg [View same] [iqdb] [saucenao] [google]
18577400

>>18577053
Good, all those darn Bobos manipulating the market by not covering and putting a bid or 2 in before it reached -$40.

>> No.18577403

>>18576753
I would like to see that from any president. Don't care who. Just SHTF one day, and he Bud Dwyers himself.
>"I'm sorry"
>Looks down, long pause
>Room is dead silent
>Pulls out a gun and puts the barrel in his mouth
>BLAM
Imagine the news coverage. It would be a frenzy to end all frenzies. The stock market would close like after 9/11. The world would grind to a halt. There would be no more news, only talking about the president's suicide. All events would be canceled. Hell we might even go to war.
So kind of like now except all this in half an hour.

>> No.18577411

>>18577345
Based

>> No.18577416
File: 920 KB, 1000x1111, 1586023373268.png [View same] [iqdb] [saucenao] [google]
18577416

you guys made me crack up. nice to laugh in these hard times. thanks you too

>> No.18577417

>>18576709
FUCKING LMAO

>> No.18577426
File: 120 KB, 1400x786, ADEB3B93-F32E-4F89-8E9A-0D2521B1F276.jpg [View same] [iqdb] [saucenao] [google]
18577426

CNBC sounds perfectly fine just trying to milk the oddity for viewers... Kelly and Tyler sound perfectly detached and inhuman as usual.

Why are you guys pretending they’re freaking out?

>> No.18577427

>>18576953
>when the cure is worse than the disease

>> No.18577435

>>18577365
MOOOOOOOOOOOOOOOON

>> No.18577436

>>18577365
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.18577455

>>18577345
BASED BLUMPF POSTER

>> No.18577464

Is gas gonna go up or down?
Is gas gonna go up or down?
Is gas gonna go up or down?

>> No.18577467

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.18577478
File: 20 KB, 474x474, 132891251.jpg [View same] [iqdb] [saucenao] [google]
18577478

>>18577345
Hello.....zis is Jerome.

>> No.18577496 [DELETED] 
File: 164 KB, 1300x956, farmers-from-all-over-greece-came-to-athens-to-protest-against-new-D470CB.jpg [View same] [iqdb] [saucenao] [google]
18577496

>>18576254
GET IN THE OFFICIAL /biz/ SERVER discord.gg CpqQw7b
WE'RE WATCHING THIS SHIT CRASH TOO AND WE WILL INTERVIEW ETH FOUNDER VITALIK
djsj

>> No.18577498

>>18577304
Well I imagine they still used most of the money they didn't give back buying up stocks. But what fucking employee wants to return to chain places after this bullshit

>> No.18577503

>>18577391
You sold and bought back in at almost the exact same price.

>> No.18577507

>>18577464
down, look for $0.50 a gallon

>> No.18577515

>>18576953
It keeps getting better and better

>> No.18577523

>>18577232
>Unemployment numbers are so high we reach overflow and negative unemployment
>Suddenly everyone in the world and all of their future children are enslaved to corporations

I want off this timeline

>> No.18577538

*breaths in*

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.18577540

>>18576254
Absolutely based

>> No.18577542

>>18577264
If the same situation happens every months from now on until it went back to normal, USO's value will evaporate before it recover

>> No.18577557
File: 3.89 MB, 395x270, 7FA5.gif [View same] [iqdb] [saucenao] [google]
18577557

>>18577317

>> No.18577560

>>18577496
KILL YOURSELF AND FUCK OFF WITH THOSE SHITCOINS

>> No.18577568

>>18576777
I'll take the 10.000 barrels for a small fee of 400k

>> No.18577572

>>18576709
I don't know the reference but this looks like a superb joke.

>> No.18577575
File: 87 KB, 300x300, 1585246345770.png [View same] [iqdb] [saucenao] [google]
18577575

>>18577478
They got to him! EXIT ALL MARKETS

>> No.18577578

>>18577523
>negative unemployment
literally impossible

>> No.18577586
File: 411 KB, 1462x1462, 1584561854733.jpg [View same] [iqdb] [saucenao] [google]
18577586

>>18577345
my fucking sides

>> No.18577593

>>18577496
based discord spammer

>> No.18577603
File: 62 KB, 1705x959, 25ED0D9C-1C2C-4B99-B304-76C0ABE21CFA.jpg [View same] [iqdb] [saucenao] [google]
18577603

Just what exactly is going on here?

>> No.18577604

Finally SPY waking up and dumping.

>> No.18577616

Did somebody clip that ****ine for cars part from tv?

>> No.18577615

>>18576786
>>18576786
>>18576786
>>18576786
>>18576786

>> No.18577619
File: 282 KB, 700x877, 1562332538995.jpg [View same] [iqdb] [saucenao] [google]
18577619

>HE BOUGHT THE TOP

>> No.18577627

>>18577578
>negative oil prices
literally impossible

>> No.18577657

>got out GME today finally
i dont even care if faggot burry moons it. fuck this piece of shit

>> No.18577660

>>18577317
Kek

>> No.18577664

These contracts are literally retards that bought on Trump's "deal".

>> No.18577681

>>18577578
>all workers taking multiple jobs
>start paying their employers for the privilege to work

>> No.18577683

>>18577615
the time to buy oil was 2 months ago, and you should have sold some into that oil deal pump for profit

>> No.18577687

NEXT LEG DOWN COMING

EXUBERANCE OVER

>> No.18577690

>>18577619
O
H

D
E
E
R

>> No.18577719

>literally nowhere to store oil anymore
>gotta use it somehow
We’re going to war, boys

>> No.18577734
File: 3.24 MB, 2048x1023, 1587408153586.png [View same] [iqdb] [saucenao] [google]
18577734

>> No.18577752

>>18577681
>what is min wage
>i dont know how unemployment is calculated
>i'll just make stuff up

>> No.18577763

How to buy oil on TDAmeritrade? Should I just buy Exxon and Shell?

>> No.18577779

>>18577683
its easy to say it now, smartass

>> No.18577799

hey guys just got up whats the market look like today?

>> No.18577801

>>18577683
It's an oil sticky with music

>> No.18577802

>>18577752
What is internships

>> No.18577812

>>18577763
no

>> No.18577814

Everything is drilling with 0 resistance. I think this week might be the start of the next crash after more shit earnings come in and unemployment rates aren't going down.

>> No.18577817

>HAL is still green
SOMEONE EXPLAIN THIS SHIT
HOW DOES AN OILFIELD SERVICE COMPANY DO THIS SHIT?! THEY ARE HIT THE HARDEST BECAUSE THEY ARE VERY SHALE FOCUSED
I'M SO CONFUSED OVER THIS

>>18577779
I said it two months ago too

>> No.18577866

>>18577817
Pumps don’t stop
Servicing doesn’t stop
Are you retarded

>> No.18577872

>>18577186
I know this is bs but thats fuckin hilarious

>> No.18577892

>>18577345
This is a Perfect telephone call. Perfect Transcript.

>> No.18577894

>>18577578
>>18577752
So arithmetic overflow of unemployment is possible, but negative unemployment is impossible. Alright bud

>> No.18577949

Don't get cocky bobos, the imminent collapse of the entire American oil sector has been priced in

>> No.18577952
File: 304 KB, 1366x768, Screenshot 2020-04-20 at 9.21.17 AM.png [View same] [iqdb] [saucenao] [google]
18577952

Bros.. I'm fucking new to trading, should I be BUYING oil since they're so cheap?

>> No.18577968
File: 1.06 MB, 1580x1574, 1586987619149.png [View same] [iqdb] [saucenao] [google]
18577968

EVERY FUCKING BANK WAS LONG ON THIS

>> No.18577973
File: 30 KB, 434x344, ESuYwsHUYAAsC1a.png [View same] [iqdb] [saucenao] [google]
18577973

>>18577814
>start of the next crash
You think it's actually going to happen? I've been holding off since the Dow Jones doesn't seem to be reaching 19k like it did about a month ago. Granted I sure don't see things improving even by Summer.

>> No.18578011

>>18577866
I expect they will shut some pumps off though, and HAL will need to downsize.
Also, why isn't SLB following?

>> No.18578013
File: 63 KB, 591x536, 2020-04-20_12-03-25.jpg [View same] [iqdb] [saucenao] [google]
18578013

>> No.18578037
File: 228 KB, 973x505, 1572865175263.png [View same] [iqdb] [saucenao] [google]
18578037

>>18577817
Good Earnings Report this morning :^)

>> No.18578047
File: 54 KB, 209x203, 1580235834296.png [View same] [iqdb] [saucenao] [google]
18578047

This is Uncle Adolf's birthday surprise for us all. Thank you Uncle Adolf!

>> No.18578048

>>18577952
no, fuck off tourist

>> No.18578054

>>18577734
Based

>> No.18578062

>>18577777
>>18577777
>>18577777

>> No.18578066

Why didn't I sell my SPY when it was 286 it might go lower now

>> No.18578068

What's the current price?

>> No.18578071

>>18578013
>oil looks pretty good to me

>> No.18578076
File: 159 KB, 435x808, 1D12622F-1BBE-48AA-B0CC-DBC74551ADFA.jpg [View same] [iqdb] [saucenao] [google]
18578076

>>18578013
DRRRRRUUUUUUUUUUUUUUUUUUUUUUMPPPFFFF
YOU DID THIS!!

>> No.18578086

>>18577949
America isn't even in the top 20 countries of oil revenue, of all the big countries, Russia is in deep shit

>> No.18578095

>>18578047
Based uncle Addie

>> No.18578104
File: 432 KB, 576x543, LOSINGMY.png [View same] [iqdb] [saucenao] [google]
18578104

GO TO OTHER BOARDS SPREAD THE MESSAGE BOBOS

>> No.18578107

>>18577952
Buy all the oil you dont even need to pay for it

>> No.18578117

>>18578037
well, fuck, I sold them at 8.65 and watched them plummet back to 6, wanted to buy but was too chickenshit

>> No.18578119
File: 99 KB, 450x403, oil.jpg [View same] [iqdb] [saucenao] [google]
18578119

>>18578047

>> No.18578123

>>18578013
Fuck, this guy is calling the top of every market.

>> No.18578128
File: 62 KB, 925x1024, 1587310238963m.jpg [View same] [iqdb] [saucenao] [google]
18578128

>>18576254
OH NO OIL BROS LOOKS LIKE WE GOT TOO COCKY!!!

>> No.18578139

How likely will gas been lower than $1?

>> No.18578159

>>18578128
lel, what are you talking about?
Oil stocks are down like
5% at the most.

>> No.18578162
File: 53 KB, 600x450, oil-refinery-aerial.jpg [View same] [iqdb] [saucenao] [google]
18578162

>>18578047
thanks adolf, very cool!

>> No.18578164

BREAD LINES OVER FLOWING
>>18578108
>>18578108
>>18578108

>> No.18578189

>>18576653
because their paycheck depend on how effective they can meet their shill quota that day

>> No.18578190
File: 21 KB, 570x324, Screen Shot 2020-04-20 at 12.06.47 PM.png [View same] [iqdb] [saucenao] [google]
18578190

Whats this pattern called?

>> No.18578197

>>18578139
Depends on what state you live in. Cali? 0% chance of sub-$1 gas

>> No.18578201

SHORT EVERY FUCKING BANK NIGGERS
ITS FUCKING HAPPENING

>> No.18578209
File: 40 KB, 720x720, D1VdAFAX0AEEM3d.jpg [View same] [iqdb] [saucenao] [google]
18578209

Its called a broker, cause we are all getting broke.

>> No.18578210
File: 64 KB, 1024x1024, 1572343230670.jpg [View same] [iqdb] [saucenao] [google]
18578210

>tfw 100% cash

hurry the fuck up with this recession so i can start buying brainlet boomer stocks

>> No.18578230

>>18578107
I feel like you're trolling but I've never heard of something being sold at a negative price

>> No.18578264

>>18578197
Texas is where I live and it's around $1.49-$1.41

>> No.18578291

Come on Nasdaq you're not affected from this bullshit. Let's close break even today.

>> No.18578310

>>18577232
>dont ask me how it works.
People working at the company have to pay to keep the company afloat in the hopes that the future will be better.

>> No.18578308

>>18578230
He's not trolling but he's getting a bit ahead of himself. Come back in 3 months.

>> No.18578334

So you can't buy oil or futures contract because you can't take deliveries. Is that right?

>> No.18578388

What's next to crash

>> No.18578454

>>18578388
Literally everything.

>> No.18578462

Negative FOURTY USD?

>> No.18578471

>>18578388
US dollar

>> No.18578494

No power hour today boys. People are fearful, and it's about to get a lot more fearful.

>> No.18578495
File: 183 KB, 361x357, 1584365677694.png [View same] [iqdb] [saucenao] [google]
18578495

My floating storage is fucking going to Mars

>> No.18578515

>>18578388
The dollar.

>> No.18578567

Wonder what the recovery length would be if Chev or Exxon go back to their 30 day lows

>> No.18578580 [DELETED] 
File: 185 KB, 897x819, The faces of despair.jpg [View same] [iqdb] [saucenao] [google]
18578580

Today's top faces

>> No.18578596

>>18578388
america

>> No.18578689

Guys
what if the JUNE contract drop to negative?

>> No.18578812
File: 176 KB, 897x819, The faces of despair.jpg [View same] [iqdb] [saucenao] [google]
18578812

Let's try again.

>> No.18578872

>>18578388
This plane

>> No.18578927

>>18578689
>what if

It’s inevitable

>> No.18579011

>-37.42$
Looks like it's going down ever further.

>> No.18579254
File: 20 KB, 500x500, att_globe_500x500.jpg [View same] [iqdb] [saucenao] [google]
18579254

Soon my money will be out of limbo and available for use. 5600 to be exact. What a nice convenience for me that it's when He reports earnings for this shat quarter. The math is easy to do, over 200 more T-babies once the stock dives soon as the market opens. Then I'll make back my 800 loss once the stock price moves past 33 a pop. If it takes the rest of the year, fine with me, I don't need the money right away. Sides I'll be collecting more of the fat divvy while I wait.

>> No.18579372

>>18576341
Learn how to write in English you STUPID NIGGA!

>> No.18579479

Should I buy a few shares of CCL

>> No.18579593

>>18576362
Dont buy JCP!!!!!!!!!!!!!!!!

>> No.18579703

>>18576434
BASED and CHECKED!!!!!!

>> No.18579783

>>18576614
War with Iran SOON!

>> No.18579817

>>18576341
Okay so if storage is full and people can't go back to work and consume the fucking oil on their little daily commutes, then June futures will get raped as well. USO will go down, it's just that today wasn't the day to buy for anybody reading this.

>> No.18579842

>>18576717
Buy a book about investing in the Stock Market!

>> No.18579859

>>18579254
Or I could drop it on more DIS once they drop in price once earnings come out may 5. Dis going to sub 80 would be nice once more. One way or another, that 800 loss is getting made up in one click of the mouse button. 5600 in cash gives me plenty of ammo to use.

>> No.18580041

>>18576975
kekked hard at the chart analysis